When in Doubt, Follow the Leadership
Reflecting on the price action over this shortened holiday week, I’m struck by how the leadership trends have not really changed too much. We’ve observed bombed-out market breadth indicators, and the…
Target CEO to meet with Rev. Al Sharpton as civil rights groups threaten boycotts over DEI
Target CEO Brian Cornell will meet with the Rev. Al Sharpton this week in New York as the retailer faces calls for a boycott and a slowdown in foot traffic that…
Hermès to hike U.S. prices for iconic bags and scarves in response to Trump tariffs
French luxury group Hermès will raise its U.S. prices from the start of May in order to offset the impact of President Donald Trump’s tariffs, the company’s finance chief said Thursday. The…
Harvard’s battle with the Trump administration is creating a thorny financial situation
Harvard’s brewing conflict with the Trump administration could come at a steep cost — even for the nation’s richest university. On April 14, Harvard University President Alan Garber announced the institution would not…
U.S. judge finds Google holds illegal online ad tech monopolies
Alphabet’s Google illegally dominated two markets for online advertising technology, a judge ruled Thursday, dealing another blow to the tech giant and paving the way for U.S. antitrust prosecutors to…
Russia’s top court lifts terror group designation on Afghanistan’s Taliban
Russia’s Supreme Court on Thursday lifted a ban on Afghanistan’s ruling Taliban, a group that was designated as a terrorist organization more than two decades ago. The Taliban seized power…
Dozens killed in US airstrikes on Yemen port, Houthis say
US airstrikes on an oil port in western Yemen have killed at least 38 people, Houthi-run Al-Masirah TV reported Friday, marking one of the deadliest days since the United States…
Portrait of a wounded Palestinian boy wins Press Photo of the Year
A striking portrait of a young Palestinian boy who lost both arms in an Israeli airstrike in Gaza City has been named Press Photo of the Year. Photographer Samar Abu…
Rubio warns if it’s not possible to end the war in Ukraine, US needs to ‘move on’
US Secretary of State Marco Rubio said Friday that if it is not possible to end the war in Ukraine, the United States needs to abandon its efforts and move…
Scores arrested over Pakistan KFC attacks, sparked by Gaza war protests
Police have arrested scores of people in Pakistan in recent weeks after more than 10 mob attacks on outlets of US fast-food chain KFC, sparked by anti-United States sentiment and…